G&K Services Inc
GK
GK was delisted on the 21st of March, 2017.
177 hedge funds and large institutions have $1.64B invested in G&K Services Inc in 2016 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 73 increasing their positions, 56 reducing their positions, and 24 closing their positions.
20,914% more call options, than puts
Call options by funds: $2.94M | Put options by funds: $14K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
30% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 56
4% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 24
5% less capital invested
Capital invested by funds: $1.73B → $1.64B (-$83.7M)
2% less funds holding
Funds holding: 180 → 177 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$60.3M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$20.6M |
| 3 |
BHMP
Bardin Hill Management Partners
New York
|
+$15.5M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$14.8M |
| 5 |
HCM
Highbridge Capital Management
New York
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$79.3M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$78.3M |
| 3 |
Neuberger Berman Group
New York
|
-$52.6M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$29.7M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$23.1M |
GK Hedge Fund Activity: Q4 2016 in Review
177 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in G&K Services Inc (GK) for Q4 2016, worth a combined $1.64B — down 4.9% from $1.73B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of GK and 23 opened new positions — a net loss of 1 holder — while 56 trimmed existing stakes and 73 added.
The largest buyer was Goldman Sachs, adding an estimated $60.3M. The largest seller was Wellington Management Group, cutting an estimated $79.3M.
- 177 institutional investors held G&K Services Inc (GK) as of Q4 2016, down from 180 in Q3 2016.
- Funds reported $1.64B of G&K Services Inc stock for Q4 2016, down 4.9% quarter-over-quarter.
- 23 funds opened new G&K Services Inc positions in Q4 2016 and 24 closed out, a net change of -1 holder.
- The largest G&K Services Inc buyer in Q4 2016 was Goldman Sachs, an estimated $60.3M added.
- The largest G&K Services Inc seller in Q4 2016 was Wellington Management Group, an estimated $79.3M sold.
Based on aggregated 13F filings for Q4 2016.